Paramount Skydance Debt Downgraded to Junk Status by Fitch Ratings Following Warner Bros. Discovery Deal ...Middle East

With its mammoth deal for Warner Bros. Discovery, Paramount Skydance is set to amass a ton of new debt and it faces a number of other financial risks. Now one of Wall Street’s big credit-rating agencies has downgraded Paramount’s debt to junk status and cut its issuer default ratings. Fitch Ratings downgraded Paramount Skydance’s long-term […]

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